• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
Richest man who ever lived was $160,000,000,000 wealthier than Elon Musk

Home> News> Money

Published 18:01 17 Oct 2024 GMT+1

Richest man who ever lived was $160,000,000,000 wealthier than Elon Musk

At an estimated US$240 billion, Elon Musk's status as the world's wealthiest person is dwarfed by a historic individual

Olly Smith

Olly Smith

Elon Musk currently enjoys the title of the world's richest living man, but historians would say he hasn't even cracked the top five wealthiest individuals of all time.

SpaceX CEO Musk has owned some of the world's most popular companies. In addition to the spacecraft manufacturer, he's also got his hands in Tesla, Neuralink, and more recently, Twitter.

At an estimated $242 billion (£190bn), he's also recognized as the world's current richest man alive according to the Bloomberg billionaire list - even after the unveiling of the Tesla Cybercab reportedly caused him to lose $15bn.

Elon Musk recently lost $15 billion (Jean Catuffe/GC Images)
Elon Musk recently lost $15 billion (Jean Catuffe/GC Images)

Advert

Despite this, Musk's wealth doesn't even crack the top five richest people of all time. As Jacob Davidson wrote for Money.com in 2015, the title of the richest man of all time (when adjusted for inflation) actually belongs to Mansa Musa, a Malian ruler who lived between 1280 and 1337.

Musa, who reigned as king of Mali from 1312 until his death, is described by Davidson as 'richer than anyone could describe'. However, Celebrity Net Worth estimates his actual wealth to be somewhere along the lines of $400bn (£307bn) - meaning Musk is a whopping $158 billion short of matching him.

Musa's incredible wealth can be attributed to the output of gold Mali produced and traded during his reign. By the end of the 14th century, Mali was responsible for over two-thirds of all gold in Europe.

He was so rich that he could afford to part with a lot of his gold stockpiles to the poor he met on his travels.

Musa reigned as king of Mali (Print Collector/Getty Images)
Musa reigned as king of Mali (Print Collector/Getty Images)

During a pilgrimage to Mecca around 1325, Musa stopped in Cairo for a month with 60,000 men and 12,000 slaves accompanying him. Each individual carried around four pounds of gold bars, making for a total of 288,000 pounds of gold being brought into Cairo's economy.

In today's equivalent, this would be worth around $6.4bn being split among everyone. But when everyone is rich, no-one is rich, and it was this very action that devalued the metal and caused Musa to have to trade some of it back.

Musa continued to reign until his death, which is commonly agreed by historians to have occurred in 1337.

Other wealthy figures who appear on the list of richest humans of all time include Augustus Caesar with $4.6tn (£3.5tn), John D Rockefeller with $341bn (£239bn), and William The Conqueror with $229bn (£176bn).

As of today (October 17) Musk's wealth is estimated at $242bn, officially placing him around 7th on the list of richest humans who ever lived. It's not quite first, but it's still not a bad spot to be in, I suppose!

Featured Image Credit: Jean Catuffe/GC Images/LifeSpanEd

Topics: Elon Musk, History, Money, Africa, Tesla, Twitter

Olly Smith
Olly Smith

Advert

Advert

Advert

Choose your content:

14 mins ago
an hour ago
2 hours ago
  • Jay Shetty Podcast/YouTube
    14 mins ago

    Paris Hilton explains detail that will ‘haunt' her forever after ex-boyfriend, 35, leaked sex tape when she was 19

    Paris Hilton believes she will 'never heal' after the tape was leaked over 20 years ago

    Celebrity
  • Stefania Pelfini la Waziya/Getty Images
    an hour ago

    Laws around what happens if snow stops you working as Storm Fern set to sweep US

    Dangerous road conditions are expected from Friday

    News
  • Getty Stock Images
    2 hours ago

    People that have been cheated on reveal the top three ‘subtle signs’ that their partner was being unfaithful

    One is 'a surprisingly good point' which many probably haven't considered...

    News
  • Getty Images/Ezra Shaw
    2 hours ago

    Taylor Swift and Blake Lively confront issues in their friendship in surprising text messages

    Taylor Swift and Blake Lively had honest heart-to-hearts about their friendship

    Celebrity
  • Elon Musk makes shocking announcement about 13th child with Ashley St. Clair after trans statements
  • Elon Musk shares chilling AI prediction about when it will ‘exceed human intelligence’
  • Elon Musk admits Tesla was one month away from bankruptcy after launching this one product
  • Elon Musk says X was hit by 'massive cyber attack' that's impacting thousands of users